The week of August 19-23 witnessed a relatively positive performance in the stock market. The main index rose impressively, successfully breaking past the 1,280-point barrier as various stock groups took turns shining. Trading liquidity also improved significantly, with the average trading value per session reaching 18,000 billion VND, indicating that investors have gradually become more optimistic and are placing their trust in the market in the short term. In total, the VN-Index gained 33.09 points, or 2.64%, from the previous week, closing at 1,285.32 points.
In terms of foreign trading, after actively buying in the previous week, foreign capital quickly returned to net selling. Cumulative over five sessions, foreign investors sold a net VND 963 billion in the entire market, including net selling of VND 931 billion through matching and an additional VND 33 billion through negotiated trading.

Looking at each exchange separately, foreign investors net sold VND 750 billion on HoSE, VND 255 billion on HNX, and bought a net VND 42 billion on UPCoM.
According to statistics on individual securities, foreign investors continued to net sell the most in the steel industry stock HPG, with a net selling value of VND 640 billion. In the previous week, this steel stock was also net sold by more than VND 600 billion.
Two other stocks, VHM and HSG, were net sold VND 409 billion and VND 302 billion, respectively. TCB was also included in the net selling list, with a net selling value of VND 165 billion. The list of net selling by foreign investors this week also included HDB, PVI, PVD, MSN…

LandX Services reports a loss of 160 billion VND in 2023, cuts over 1,000 staff
In 2023, Dat Xanh Services incurred a net loss of 160 billion VND primarily due to a shortfall in real estate service revenue. Additionally, the company downsized its workforce by over 1,000 employees in the past year.